Mogo - M&A Summary and Business Overview

Internet Software And ServicesCompany

Mogo M&A Summary

Mogo has acquired 5 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Mogo’s largest acquisition to date was in 2020, when it acquired Carta Solutions Holding for $24M. It’s largest disclosed sale occurred in 2025, when it sold WonderFi Technologies to Robinhood Markets for $190M. The Company’s most targeted sectors include information technology (40%) and internet software and services (40%).

Mogo Business Overview

Where is Mogo headquartered?

Mogo is headquartered in Vancouver, British Columbia.

What is Mogo’s revenue?

Mogo disclosed revenue of 65M CAD for 2023 and 69M CAD for 2022.

How many employees does Mogo have?

Mogo has 344 employees.

What sector is Mogo in?

Mogo is an internet software and services company.

When was Mogo founded?

Mogo was founded in 2003.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity5
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

Mogo

Mogo, Inc.

516-409 Granville St,
Vancouver, British Columbia V6C 1T2
Canada,
(604) 659-4380
www.mogo.ca

Mogo is a financial technology company offers financial health app that empowers consumers with solutions to help them manage and control finances. Users can sign up for a free MogoAccount in only three minutes and get access to six products including free credit score monitoring. Mogo was founded in 2003 and is based in Vancouver, British Columbia.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.8/yr) # 1 3 - - - 1 5
vol $24M $24M
Sell (0.2/yr) # 1 - - - - 1 2
vol $190M $190M
  7

Most Recent M&A

Company Date Value Type
Digital Commodities Capital Corp. 2025-07-10 - Stake Purchase
Vancouver, British Columbia · www.thebcbc.com
WonderFi Technologies, Inc. 2025-05-13 190M CAD Divestiture
Vancouver, British Columbia · www.wonder.fi
Fortification Capital, Inc. 2021-09-01 - Add-on Acquisition
Montreal, Quebec · www.fortificationcapital.com
Moka Financial Technologies, Inc. 2021-03-23 - Add-on Acquisition
Montreal, Quebec · www.moka.ai
GoNumerical Holdings AG 2021-02-11 - Stake Purchase
Toronto, Ontario · www.coinsquare.com
Carta Solutions Holding Corp. 2020-11-17 24M USD Add-on Acquisition
Oakville, Ontario · www.cartaworldwide.com
Mogo, Inc. - Consumer Loan Portfolio 2020-02-28 - Divestiture
Vancouver, British Columbia
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (40%) - 1 (50%) 190M (100%)
Information Technology 2 (40%) 24M (100%) - -
Business Services 1 (20%) - - -
Financial Services - - 1 (50%) -
Total 5 $24M 2 $190M

By Geo

State/Country Buy Value Sell Value
Canada 5 24M 2 190M
  British Columbia 1 - 2 190M
  Quebec 2 - - -
  Ontario 2 24M - -
Total 5 $24M 2 $190M

Deal Values

buy # Total
< $100M 1 $24M
TOTAL $24M
Largest Carta Solutions Holding Corp.
$24M (2020-11-17)
sell # Total
$100M to $1B 1 $190M
TOTAL $190M
Largest WonderFi Technologies, Inc.
$190M (2025-05-13)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)
Divested to
Strategic(s)
100%
2 (100%)

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